FA News

Trump Moves From Trade War Toward Currency War

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President Trump for the first time blamed currency manipulation overseas for raising the cost of U.S. exports.

Fed Signals Law Is On Its Side If Trump Tries To Remove Powell

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A Fed spokesperson said the chair can “only be removed for cause.”

Consumers Actively Seek Out Financial Advisors On Social Media

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LIMRA research shows that 85 million Americans use social media to learn more about financial services and products.

Hedge Fund Chief Credits Colts Cornerback With Saving Son's Life

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NFL player Kenny Moore was lauded by the investor for helping his son during a time of crisis.

Individuals Are More Tight Fisted Due To Tax Changes, Giving USA Says

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Last year was a mixed year for giving, falling short of record high totals seen in 2017.

RIAs Warned: Ramp Up Marketing Before BDs Roll Out 'Best-Interest' Campaigns

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Experts expect new broker-dealer campaigns to aggressively target advisory clients.

Hedge Funds For Everyone: SEC Ponders Letting In The Not-So-Rich

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The SEC is examining lowering barriers to investing in certain kinds of alternative products.

Here's What BofAML Says May Happen If Trade War Is Here To Stay

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Overseas direct investment may be impacted as an unintended consequence of trade protectionism.

Fundstrat's Lee Sees Bitcoin Quadrupling, And This Fund With It

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If the cryptocurrency breaches $10,000, a fear-of-missing-out rally could take it past $40,000, said Lee.

U.S. Stocks Flirting With Record Pose No Hurdle To Fed Rate Cuts

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The Fed has a history of cutting interest rates with equities near record highs.

Most Americans Worry 'Medicare For All' May Raise Taxes, Poll Says

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In general, Americans have a poor understanding of how a nationalized healthcare plan would work.

Trump's Trade Chief Vows To Work With Democrats On Nafta Revamp

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The new trade agreement needs legislative approval in the U.S., Mexico and Canada.

Advisor With Child Porn Conviction Among Six To Lose Right To Use CFP Mark

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Further disciplinary action by the Certified Financial Planner Board could be forthcoming, the board said.

White House Explored Legality Of Demoting Fed Chairman Powell

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The White House counsel’s office weighed the legal implications of stripping Powell of his chairmanship.

Health Care, Prescription Drug Costs Top Concerns For Seniors

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A survey by NCOA/Ipsos found that women and lower-income seniors worry more about financial security.

Fourth Carcinogen Discovered In Heart Pills Used By Millions

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A solvent called dimethylformamide was discovered in the drug valsartan, made by Novartis and other companies.

Facebook Wants Its Cryptocurrency To One Day Rival The Greenback

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Facebook's new currency will be a stablecoin supported by government-backed currencies.

Expect A Market Brawl If Fed Doesn't Show It's Ready To Act

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If the Fed remains patient, risk assets and yields could sink in response as traders look for safety.

Tax-Haven Wedding Venues Become Nightmare For Retiree Investors

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Tax-advantaged business and real estate opportunities have become havens for investors - and magnets for fraud.

U.S. Colleges Worry Trade War Imperils Flow Of Chinese Students

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The deteriorating relationships between the U.S. and its trade partners may impact academic visas as well.